NRG Energy appoints Bruce Chung as CFO effective June 1, replacing Alberto Fornaro

NRG ENERGY, INC.

Bruce Chung, 49, previously EVP of Strategy, M&A and NRG Services, named CFO effective June 1, 2023.
Alberto Fornaro transitions to strategic advisor until September 1, 2023; departure not due to any disagreement.
Chung receives $700K base salary, $700K equity grant (33% RSUs, 67% RPSUs), annual target bonus 100% of salary.
Chung also participates in Long-Term Incentive Plan valued at 350% of base salary and Executive Severance Plan.

item 5.02 item 9.01

Executive movements

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Appointed

Bruce Chung

Executive Vice President and Chief Financial Officer

NRG · NRG ENERGY, INC.

Effective: 2023-06-01
Filed: June 1, 2023, 7:59 PM ET

On May 31, 2023, Bruce Chung, age 49, was appointed Executive Vice President and Chief Financial Officer of NRG Energy, Inc. (the “Company”), effective June 1, 2023.

Departed

Alberto Fornaro

Chief Financial Officer

NRG · NRG ENERGY, INC.

Effective: 2023-06-01
Successor: Bruce Chung
Filed: June 1, 2023, 7:59 PM ET

Effective June 1, 2023, Mr. Alberto Fornaro transitioned from Chief Financial Officer and from his positions with the Company and its subsidiaries.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Bruce Chung was appointed as Executive Vice President and Chief Financial Officer at NRG ENERGY, INC..

Action: appointed
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On May 31, 2023, Bruce Chung, age 49, was appointed Executive Vice President and Chief Financial Officer of NRG Energy, Inc. (the “Company”), effective June 1, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Alberto Fornaro changed role as Chief Financial Officer at NRG ENERGY, INC..

Action: transitioned
Role: Chief Financial Officer

Exact text from the filing

Effective June 1, 2023, Mr. Alberto Fornaro transitioned from Chief Financial Officer and from his positions with the Company and its subsidiaries.

View on SEC.gov

NRG ENERGY, INC. filing history →

Source: SEC EDGAR

accession 0001104659-23-066848

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